Rosen, a globally recognized investor representative, encourages Capri Holdings Limited Investors to secure advisors ahead of important deadline in securities class action

New York, New York -(Newsfile Corp. -January 25, 2025) – WHY: The Rosen Law Firm, a global investor law firm, is reminding buyers of stock or sellers of Puts of Capri Holdings Limited (NYSE: NYSE 🙂 Between October 10, 2023 and October 24, 2024, both dates inclusive (the “Class Period”). , important February 21, 2025, the main prosecution deadline.

So what: If you bought Capri stock or sold Capri puts during the class period, you may be entitled to compensation without paying any out-of-pocket costs or expenses through a contingency compensation arrangement.

What next: To join the Capri Class Action, go to https://rosenlegal.com/submit-form/?case_id=33109 or call Phillip Kim, Esq. Toll free at 866-767-3653 or email case@rosenlegal.com for class action information. A class action lawsuit has already been filed. If you want to serve as the chief prosecutor, you have to move the court no later than February 21, 2025. The lead plaintiff is the representative party who acts on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select a qualified advisor with a track record of leadership. Often the companies issuing the notices do not have comparable experience, resources or any significant peer recognition. Many of these firms do not actually pair securities class actions, but are merely brokers who relate to clients or partner with the law firms that actually litigate the cases. Be wise in choosing your advice. The Rosen Law Firm represents investors worldwide, concentrating its practice in securities class actions and shareholder derivative litigation. The Rosen Law Firm achieved the largest class action settlement ever at that time. Law firm Rosen ranked 1st in ISS Securities Action (WA 🙂 Services for the number of action settlements for securities in 2017. The company has been ranked in the top 4 every year since 2013 and has accounted for hundreds of millions of dollars for investors. In 2019 alone, the company secured more than $438 million for investors. In 2020, founder Laurence Rosen was named a titan of plaintiffs by Law360. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.

Case Details: According to the lawsuit, throughout the class, the defendants made false and misleading statements and/or failed to disclose that: (1) The affordable luxury handbag market is a distinct and well-defined market within the overall handbag market and understood as such by the Individual Defendants, as well as other Capri and Tapestry (NYSE:), Inc. (“Tapesery”) executives; (2) Capri and Tapisery maintained analogous manufacturing facilities and supply chains for their affordable luxury handbags that are distinct from the manufacturing facilities and supply chains used to produce luxury or mass market handbags, confirming that the affordable luxury handbag market is distinct from mass market and luxury handbag market; (3) Capri and tapestry considered internally Coach and Michael Kors to be the closest and most direct competitors; (4) Conversely, Capri and Tapisery did not internally consider their handbag brands to be in direct competition with luxury handbags or mass market handbags; (5) The primary internal justification for the failed attempt to acquire Capri (the “Capri Acquisition”) was to consolidate dominant brands within the affordable luxury handbag market in order to reduce competition, increase prices, and reduce consumer choice within that market; and (6) as a result, the risk of adverse regulatory action and/or the CAPRI acquisition being blocked was materially greater than Defendants represented. When the true details entered the market, the lawsuit alleges, investors were harmed.

To join the Capri Class Action, go to https://rosenlegal.com/submit-form/?case_id=33109 or call Phillip Kim, Esq. Toll free at 866-767-3653 or email case@rosenlegal.com for class action information.

No classes are certified. Until the class is certified, the attorney does not represent you if you do not retain it. You can choose the advice of your choice. You can also remain an absent member of the class and do nothing at this time. The investor’s ability to share in any potential future recovery is not dependent on the service of the lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook (NASDAQ :): https:/ /www.facebook.com/rosenlawfirm/.

Advertising of lawyers. Previous results do not guarantee a similar outcome.

————————–

To view the original version of this press release, please visit https://www.newsfilecorp.com/release/238458